Germany to spark 'climate crisis' (BBC) {carbon trading}

By Roger Harrabin
BBC Environment Analyst

The German government is about to trigger a new crisis in Europe's flagship climate policy, the Emissions Trading Scheme (ETS).

BBC News understands the German cabinet is likely to agree a deal that will reduce carbon emissions from industry by only 0.6% between 2004 and 2012.

The decision is likely to influence other EU countries, including the UK, which still have to set their own caps.

Environmental groups describe the target as "pathetic and shameful".

"These figures are unbelievably unambitious," said Regina Gunther from WWF Germany. "It is shameful that our environment minister has agreed to this."
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more: http://news.bbc.co.uk/2/hi/science/nature/5121334.stm

Any connection to Germany's plans to build new coal plants ? http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=115&topic_id=57605&mesg_id=57605